The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: David Jones who wrote (38921)	8/24/2005 10:01:57 AM
From: bentway	Read Replies (1) of 306849

"Guys is wage inflation completely out of the picture?" Do you see wages increasing as fast as housing prices have in the next few years? With pressure from globalization, real wages are falling, and are likely to continue to fall. laborresearch.org High actual unemployment puts downward pressure on wages and restrains bargaining for raises. Many have left higher paying jobs for much lower paying jobs, if they found one at all.

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